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Synaptics, Accton Technology And Others Sign MoU to Bring Edge AI Technologies to UAVs

Synaptics (SYNA), Accton Technology, Gallopwave and Hsuan Yuan Technology have signed a memorandum of understanding involving edge artificial intelligence technologies to be used in unmanned aerial vehicles, Accton Technology said Wednesday.The MoU provides a framework for the parties to explore technical collaboration, and potential research and development related to UAV applications, according to a statement by Accton Technology.Price: $147.98, Change: $+1.94, Percent Change: +1.33%

$SYNA

Wire27d ago

Alphabet Upsizes Equity Capital Raise to $84.75 Billion From $80 Billion

$GOOG$GOOGL

Wire27d ago

Ford US Vehicle Sales Fall 13.6% Year Over Year in May

Ford Motor's (F) total US vehicle sales fell 13.6% year over year in May to 190,828 vehicles, the automaker said Wednesday.Internal combustion vehicle sales fell 12.3% to 167,916, while hybrid and electric vehicle sales were down 15.7% and 43.9% to 19,143 and 3,769, respectively, the company said.Price: $15.97, Change: $-0.19, Percent Change: -1.21%

Wire27d ago

Update: Nova Minerals Says New South Wales Court Approves New US Holding Entity Plan; Shares Fall 6%

(Updates to add stock movement in the headline and last paragraph)Nova Minerals (ASX:NVA) said the Supreme Court of New South Wales has approved its proposed schemes of arrangement, enabling newly formed Nova Minerals Corp to acquire all existing shares and Nasdaq-listed warrants and become the group's new US-based holding entity, according to an Australian bourse filing on Tuesday after market hours.The schemes are expected to take legal effect on Wednesday upon lodgment of the court orders with the Australian Securities and Investments Commission, after which the company shares are anticipated to be suspended from trading on the Australian Securities Exchange, the filing added.The company's shares fell around 6% in recent Wednesday trade.

ASX:NVA

Wire27d ago

Netskope Joins Anthropic's Project Glasswing to Spot Code Vulnerabilities

Netskope (NTSK) said late Tuesday it has joined Project Glasswing, an Anthropic initiative that uses the company's most advanced AI model, Mythos Preview, to identify vulnerabilities in software code at greater speed and scale.Netskope has access to Anthropic's Claude Mythos Preview and will share findings with the broader Glasswing coalition and the cybersecurity community as part of the effort.Netskope shares rose 3.1% in after-hours trading.

$NTSK

Wire27d ago

TETRA Technologies Launches $100 Million Common Stock Offering

TETRA Technologies (TTI) said Tuesday it commenced an underwritten public offering of $100 million of shares of common stock.The company said it expects to grant underwriters a 30-day option to buy up to an additional $15 million of shares to cover over-allotments.Proceeds will be used for general corporate purposes, including funding construction of its Arkansas bromine project, according to a statement.Shares of the company were down over 9% in extended trading.

$TTI

Wire27d ago

Palo Alto Networks Fiscal Q3 Adjusted Earnings, Revenue Rise; Shares Gain After-Hours

Palo Alto Networks (PANW) reported fiscal Q3 adjusted earnings late Tuesday of $0.85 per diluted share, up from $0.80 a year earlier.Analysts polled by FactSet expected $0.79.Revenue for the three months ended April 30 was $3 billion, up from $2.29 billion a year earlier.Analysts surveyed by FactSet expected $2.94 billion.For fiscal Q4, the company expects adjusted EPS of $0.96 to $0.98 on revenue of $3.35 billion to $3.36 billion. Analysts expect $0.94 and $3.28 billion, respectively.For full-year fiscal 2026, the company now expects adjusted EPS of $3.77 to $3.79 on revenue of $11.42 billion to $11.43 billion, up from the prior forecast of adjusted EPS of $3.65 to $3.70 on revenue of $11.28 billion to $11.31 billion.Analysts expect $3.68 and $11.30 billion, respectively.Shares of Palo Alto Networks rose about 9% in after-hours activity.

$PANW

Wire27d ago

Top Cryptocurrencies Decline; Bitcoin Drops Below $68,000 Level

Top cryptocurrencies were weaker Tuesday, with Bitcoin (BTC-USD) falling below the $68,000 level.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell 6% in the past 24 hours. The Nasdaq 100 rose 0.5%, the S&P 500 added 0.2%, and the Dow Jones Industrial Average was up 0.5%.Bitcoin fell 5.8% to $67,274, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume rose 17.1% to $49.44 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, declined 4.8% to $1,905.XRP (XRP-USD) dropped 6.1%, BNB (BNB-USD) fell 5.3%, and Solana (SOL-USD) shed 6.7%. Dogecoin (DOGE-USD) dipped 6.3%, and Cardano (ADA-USD) lost 6.8%.The US 10-year Treasury yield stood at 4.453% at 3 p.m. ET Tuesday, down from 4.473% Monday, while the five-year yield fell to 4.176% from 4.184%.The total market value of the cryptocurrency industry fell 5.4% in the past 24 hours to $2.31 trillion, and trading volume increased 7.2% to $116.31 billion.Price: $67081.01, Change: $-4239.48, Percent Change: -5.94%

$ADA-USD$BNB-USD$BTC-USD$DOGE-USD$ETH-USD$SOL-USD$XRP-USD

Wire27d ago

Microsoft, Mayo Clinic Collaborate on Clinical AI Model

Microsoft (MSFT) and Mayo Clinic announced a collaboration to develop a frontier AI model tailored for healthcare, aiming to support clinical reasoning, earlier diagnoses and more personalized treatment decisions, according to a statement Tuesday.The highly advanced model combines Mayo's de-identified clinical data with Microsoft's AI and cloud capabilities and will initially be deployed within Mayo's clinical environment, according to the statement.The model will be owned by Mayo Clinic and later made available globally through Microsoft's Azure Foundry APIs. The collaboration is intended to expand access to Mayo's clinical expertise and support care teams in complex decision-making, according to the statement.Price: $441.88, Change: $-18.64, Percent Change: -4.05%

$MSFT

Wire27d ago

Dollar General Posts 'Solid' Q1, Truist Says

Dollar General (DG) posted a "solid" Q1 performance, including a 2.0% growth in comparable sales, Truist said in a note Tuesday.The report said the firm is benefitting among others from trade-in activity by higher-income consumers, incremental sales from delivery business, and the comparable lift from remodels, while lower-income consumers remain under pressure.Truist analysts said they are "modestly" raising their 2026/2027 EPS estimates, partly from a lower tax rate."We think DG is "interesting" at current levels, but Walmart (WMT, Buy) competition + economic pressures on their core customer keep us cautious," the note said.Truist raised its price target to $114 from $109 while maintaining its hold rating.Price: $108.06, Change: $-1.88, Percent Change: -1.71%

$DG

Wire27d ago

Starwood Property Trust Shares Rise After UBS Upgrade

Starwood Property Trust (STWD) shares rose 1.8% in Tuesday trading after UBS upgraded the stock to buy from neutral and raised the price target to $20 from $19.50.Trading volume stood at 2.5 million shares, compared with a daily average of about 3.1 million.Price: $17.08, Change: $+0.28, Percent Change: +1.67%

$STWD

Wire27d ago

Celcuity Says Gedatolisib Outperforms Novartis' Alpelisib Plus Fulvestrant in Phase 3 Trial

Celcuity (CELC) said Tuesday that detailed results from the Phase 3 Viktoria-1 trial showed its investigational breast cancer treatment gedatolisib outperformed Novartis' (NVS) alpelisib plus fulvestrant in patients with hormone receptor-positive, HER2-negative, PIK3CA-mutated advanced breast cancer.Celcuity said the gedatolisib plus fulvestrant and palbociclib, or gedatolisib-triplet reduced the risk of disease progression or death by 50% compared with alpelisib plus fulvestrant, and nearly doubled median progression-free survival to 11.1 months from 5.6 months, while gedatolisib plus fulvestrant, or gedatolisib-doublet extended progression-free survival to 11.3 months, with objective response rates of 48.9% and 35.7%, respectively.The gedatolisib triplet and doublet regimens were generally well tolerated, with mostly low-grade treatment-related adverse events, while overall survival data, a key secondary endpoint, showed promising trends but remain immature. Celcuity plans to submit the data to the US Food and Drug Administration as a supplemental new drug application.Shares of Celcuity were down more than 25% in Tuesday trading.Price: $91.65, Change: $-31.31, Percent Change: -25.46%

$CELC$NVS

Wire27d ago

Perplexity AI Building Workload Distribution Platform to Manage Computing Costs, CEO Says

Perplexity AI is building a software platform to distribute artificial intelligence workloads between personal computers and remote cloud servers, Chief Executive Officer Aravind Srinivas said in an interview with Bloomberg Tuesday.The routing system determines in real time whether processing tasks should execute locally or on cloud infrastructure to help lower overall computing expenses, Srinivas said in the interview.The startup introduced the technology at the Computex conference alongside Intel (INTC), though the platform remains hardware agnostic and supports processors from Nvidia (NVDA), Srinivas added.Price: $107.06, Change: $-2.27, Percent Change: -2.08%

$INTC$NVDA

Wire27d ago

Blackstone Mortgage Trust Shares Rise After UBS Upgrade

Blackstone Mortgage Trust (BXMT) shares rose 2.4% on Tuesday after UBS upgraded the stock to buy from neutral and adjusted its price target to $21 per share from $20.Trading volume stood at around 990,000 shares compared with a daily average of nearly 1.5 million.Price: $18.37, Change: $+0.43, Percent Change: +2.43%

$BXMT

Wire27d ago

Cognizant Expands CrowdStrike Partnership to Secure Enterprise AI Systems

Cognizant Technology Solutions (CTSH) expanded its partnership with CrowdStrike (CRWD) to help enterprises secure artificial intelligence across its lifecycle, from AI agents and models to underlying infrastructure, the company said Tuesday.Cognizant said it is integrating the CrowdStrike Falcon platform into its AI Factory and Managed Cybersecurity Services, covering AI-native security operations, governance across its AI Factory, and security for private, sovereign AI deployments in regulated industries.The expansion builds on a partnership established in 2025, according to a statement.Price: $54.75, Change: $-2.41, Percent Change: -4.22%

$CRWD$CTSH

Wire27d ago

Broadcom Shares Rise After Showcasing Broadband Edge AI Portfolio

Broadcom (AVGO) shares were up 3% in Tuesday trading after the company showcased its broadband edge artificial intelligence portfolio, which includes 50G PON gateway SoC, a Wi-Fi 8 product family, and a joint 5G and Wi-Fi 8 fixed wireless access platform solution.Broadcom's offerings aim to deliver localized processing, low latency and reliability for next-generation connected AI applications, according to a late Monday statement.Price: $472.99, Change: $+13.02, Percent Change: +2.83%

$AVGO

Wire27d ago

Microsoft Launches GitHub Copilot App

Microsoft (MSFT) launched the GitHub Copilot app at its Build developer conference Tuesday, introducing a desktop experience designed to let developers coordinate multiple AI agents from a single interface.The app is available in technical preview for existing Copilot Pro, Pro+, Business, and Enterprise users, the company said.Microsoft also introduced canvases, a shared workspace for developers and AI agents to view and edit work in progress, along with cloud and local sandbox environments that allow agents to run and test code in isolated settings without impacting production systems.Price: $442.42, Change: $-18.11, Percent Change: -3.93%

$MSFT

Wire27d ago

Docusign App Now Available in ChatGPT, Codex

Docusign (DOCU) app is now available in Microsoft (MSFT)-backed OpenAI's ChatGPT and Codex, the company said Tuesday.The integration brings the Docusign Intelligent Agreement Management platform into OpenAI's offerings for clients to create, verify, and manage agreements using natural language prompts, the company said.Price: $54.52, Change: $-2.50, Percent Change: -4.38%

$DOCU$MSFT

Wire27d ago

Intuit Shares Fall After Goldman Sachs Downgrade

Intuit (INTU) shares were down about 8.5% in Tuesday trading after Goldman Sachs downgraded the stock to sell from neutral and cut its price target to $276 from $519.Trading volume stood at more than 5.2 million shares, compared with a daily average of about 4.1 million.Price: $323.57, Change: $-30.19, Percent Change: -8.53%

$INTU

Wire27d ago

Shake Shack Shares Fall After Fiscal Q2 Revenue Guidance Cut

Shake Shack (SHAK) shares were down over 7% in Tuesday trading after the company cut its fiscal Q2 revenue and fiscal 2026 net income guidance.The company now expects fiscal Q2 revenue between $415 million and $420 million, down from prior guidance of $424 million to $428 million.Analysts polled by FactSet expect $421.4 million.For fiscal 2026, Shake Shack expects net income between $45 million and $55 million, compared with previous guidance of $50 million to $60 million.Analysts surveyed by FactSet expect $52.5 million.Price: $57.08, Change: $-5.14, Percent Change: -8.26%

$SHAK

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